SAP MM(Materials Management)

The SAP MM (Materials Management) module is a fundamental component of the SAP ERP system, focusing on managing procurement, inventory management, and logistics processes. It enables businesses to streamline the procurement cycle, optimize inventory levels, and ensure smooth material flow throughout the organization. SAP MM is widely used across industries to enhance supply chain efficiency, reduce costs, and improve vendor management.

Course Objectives:

The SAP MM course offered by our institute aims to provide participants with a comprehensive understanding of the module, enabling them to perform various materials management tasks. By the end of the course, participants will:

1. Understand the role and significance of the SAP MM module in materials management processes.

2. Learn how to configure and customize SAP MM to meet specific business requirements.

3. Gain hands-on experience in essential procurement functions, such as purchase requisition, request for quotation, purchase order processing, and vendor management.

4. Develop skills in inventory management, goods receipt, and issue, material valuation, and physical inventory.

5. Gain insights into integration points between SAP MM and other modules, such as Sales and Distribution (SD) and Finance and Controlling (FICO).

6. Acquire knowledge of advanced topics like material requirements planning, subcontracting, and inventory optimization.

Course Curriculum:

Introduction to SAP MM:

Overview of SAP ERP and the role of SAP MM in materials management processes.

Understanding the organizational structure and master data elements used in SAP MM.

It is navigating the SAP MM module and exploring its user interface.

Procurement Processes:

Purchase requisition creation and approval workflow.

Request for quotation (RFQ) management and vendor selection.

Purchase order creation, processing, and release.

Handling purchase order changes, cancellations, and confirmations.

Vendor Management:

Vendor master data creation and maintenance.

Vendor evaluation and performance monitoring.

Contract management and release procedures.

Handling vendor communications and collaboration.

Inventory Management:

Goods receipt processes, including inbound deliveries and quality inspections.

Goods issue processes, including stock transfers and goods issues for production.

Stock transfer between storage locations and plants.

Physical inventory management and cycle counting.

Material Valuation:

Material valuation methods, such as moving average price and standard price.

Material price determination and material price changes.

Material cost analysis and reporting.

Subcontracting and External Services:

Managing subcontracting processes, including subcontracting purchase orders and subcontracting stock.

Handling external services procurement, service entry sheets, and service purchase orders.

Material Requirements Planning (MRP):

Understanding material requirements planning (MRP) principles.

Evaluating MRP results, running MRP reports, and making necessary adjustments.

Integration with Other SAP Modules:

Integration points between SAP MM and other modules like SD, FICO, and Production Planning (PP).

Interactions and data flow between modules during various materials management processes.

It is understanding the impact of MM processes on other functional areas.

Advanced Topics:

Inventory optimization techniques, such as ABC analysis and reorder point planning.

Handling consignment stock and stock transfer with vendors.

Vendor-managed inventory (VMI) and cross-docking processes.

Materials management analytics and reporting.

Note: This is Not the detailed Curriculum, for all the Details contact our counsellor.

Eligibility:

To enroll in the SAP MM course, participants should meet the following eligibility criteria:

Educational Background:

Graduates in any discipline (e.g., BCom, BBA, BSc, BA).

Postgraduates in management (e.g., MBA) or related fields.

Diploma holders in materials management or relevant fields.

Work Experience:

No specific work experience is required for the SAP MM course. However, prior experience in procurement, inventory management, or supply chain can be beneficial.

Basic Computer Skills:

Proficiency in using computers and familiarity with business applications is necessary.

Knowledge of Microsoft Office tools (such as Word, Excel, and PowerPoint) is preferred.

The SAP MM module is essential for efficient materials management within organizations. Our SAP MM course provides participants with a comprehensive understanding of the module, covering important topics such as procurement processes, vendor management, inventory management, material valuation, and integration with other SAP modules. By gaining expertise in SAP MM, participants can contribute to enhancing supply chain efficiency, optimizing inventory levels, and improving vendor management.